Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX – Get Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,201,798 shares, a growth of 98.8% from the May 14th total of 604,517 shares. Based on an average trading volume of 4,528,018 shares, the days-to-cover ratio is presently 0.3 days. Currently, 42.5% of the company’s stock are short sold.
Defiance Daily Target 2X Long RGTI ETF Trading Up 16.2%
Defiance Daily Target 2X Long RGTI ETF stock traded up $3.74 during mid-day trading on Monday, hitting $26.80. The company had a trading volume of 1,529,341 shares, compared to its average volume of 1,446,705. The stock’s 50 day moving average price is $24.26 and its two-hundred day moving average price is $36.39. Defiance Daily Target 2X Long RGTI ETF has a 12 month low of $11.80 and a 12 month high of $501.80.
Institutional Investors Weigh In On Defiance Daily Target 2X Long RGTI ETF
Several hedge funds have recently added to or reduced their stakes in the stock. StoneX Group Inc. purchased a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the fourth quarter worth $260,000. Genesis Financial Group LLC purchased a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the fourth quarter worth $304,000. Jump Financial LLC purchased a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the second quarter worth $584,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the third quarter worth $623,000.
About Defiance Daily Target 2X Long RGTI ETF
Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund invests in public equity markets. It invests through derivatives in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors. The fund uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is domiciled in the United States.
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